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flag LG Electronics India plans IPO to sell a 15% stake, aiming to raise around Rs 15,237 crore.

flag LG Electronics India is planning an IPO to sell 10.18 crore shares, representing a 15% stake, to raise around Rs 15,237 crore. flag This will be the second South Korean company to list in India after Hyundai Motors. flag The proceeds will go to the South Korean parent company. flag LG Electronics India is a major player in home appliances and consumer electronics, with FY24 revenue of Rs 64,087.97 crore. flag The IPO aims to enhance brand visibility and create public market liquidity. flag Leading banks like Morgan Stanley, J.P. Morgan, and Citi are managing the issue.

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